GERRY WEBER International AG reported restated earnings results for the year 2018. Upon presentation of a new business plan for the HALLHUBER segment and as a result of necessary valuation allowances for the Norwegian and Finish subsidiaries of the Retail segment, an impairment in the magnitude of EUR 44.2 million has been identified. The vast majority of it relates to the HALLHUBER segment. According to that, the Group's operating result before interest and taxes (EBIT) including non- cash provisions for restructuring measures as well as consulting costs of EUR 63.3 million and extraordinary depreciation as well as write-downs of now EUR 113.5 million (previously published: EUR 69.3 million) amounts to a loss of EUR 192.3 million (previously published: EUR 148.1 million, previous year: EUR +10.3 million). The Group's operating result before interest and taxes (EBIT) excluding non-cash provisions for restructuring measures as well as consulting costs and extraordinary depreciation as well as write-downs remains at the previously published loss of EUR 15.5 million (previous year: EUR +19.9 million).